HCC (Hindustan Construction Company), as a lead partner in the JV with HSEPL, has been awarded a contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan.

The IPO league is growing - and thriving. In the construction arena, whether it is companies involved in building products, building and infrastructure projects, or state-owned undertakings, the initial public offering (IPO) lane is clearly crowded.

Real estate development remains a highly lucrative business line, which is why most builders retain skin in the game even in the face of strong market headwinds. However, real estate development also remains a highly capital intensive business, and among the many new market truths that RERA has brought to the fore, the fact that only well-capitalised players will endure going forward stands out.

The Chennai Metro Rail Project (Phase-I) underground section from Thirumangalam to Nehru Park was recently inaugurated, heralding a new era of sustainable transport in Chennai. The flag off ceremony was attended by many dignitaries such as Edappadi K Palaniswami, Chief Minister of Tamil Nadu and Venkaiah Naidu, Union Minister for Urban Development.

Expansion of Siemens’ offerings with industry-specific software for the mobility sector – rigorous implementation of digitalisation strategy.
HaCon to be managed as separate legal entity and wholly-owned subsidiary of Siemens AG in the Mobility Division.
Transaction still subject to approval by antitrust authorities, with closing planned for first half of calendar 2017.

Phase-II is a 6.6 km corridor from Golf Course Road to Sector 55/56; starts from Sikanderpur.
Siemens supplies seven three-car trains for the extension; each train to accommodate up to 800 passengers.
The second phase of Rapid Metro Rail Gurgaon has been recently launched.

The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.

Hindustan 2021 Wheel Loader has been serving Indian customers for over four decades and has earned the reputation of the most reliable machine in the industry. It has been the market leader in the 3-tonne category.